{"id":14487,"date":"2021-07-09T09:54:57","date_gmt":"2021-07-09T09:54:57","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=14487"},"modified":"2021-07-09T09:54:57","modified_gmt":"2021-07-09T09:54:57","slug":"china-to-free-up-1-trillion-yuan-to-support-economic-recovery-with-routine-reserve-ratio-cut","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=14487","title":{"rendered":"China to free up 1 trillion yuan to support economic recovery with \u2018routine\u2019 reserve ratio cut"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostChina\u2019s central bank announced on Friday that it will cut the reserve requirement ratio for major commercial banks by 0.5 per cent, effective from next Thursday.The decision followed Premier Li Keqiang calling for more tools to support small businesses, which are plagued by rising costs.The People\u2019s Bank of China (PBOC), though, tried to reduce market expectation for a turnaround in overall policy.\u201cIt is just a routine operation after monetary policy normalisation, aimed to optimise the funding\u2026<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3140530\/china-free-1-trillion-yuan-support-real-economy-routine?utm_source=rss_feed\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostChina\u2019s central bank announced on Friday that it will cut the reserve requirement ratio for major commercial banks by 0.5 per cent, effective from&hellip; <\/p>\n","protected":false},"author":0,"featured_media":14488,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/14487"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14487"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/14487\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/14488"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14487"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}